€ 285 000

€ 3 765 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 50954

Bedrooms

Bathrooms

75.7 sq.m.

Square

Parameters

Property Description

The project is ideally located in Kapparis, a sought-after coastal area known for its relaxed atmosphere and close proximity to sandy beaches and crystal-clear waters. Everyday amenities such as shops and restaurants are within walking distance, while the nearest beach is just 1km away. Protaras tourist area and the new marina are also easily accessible, making the location particularly attractive for a holiday home or a smart investment opportunity .

This is a contemporary residential complex comprising two elegant buildings set around a beautifully designed communal swimming pool (12m x 6m). The development features a total of 14 units, with Block B offering five apartments, four of which are two-bedroom layouts and one three-bedroom apartment. All apartments enjoy open-plan living areas, en-suite facilities, spacious covered verandas with pool views, and unobstructed sea views. Only one apartment in Block B is currently available, offering exclusivity within a well-designed coastal setting .

The apartment is built to high specifications with Energy Efficiency Class A, combining modern aesthetics with practical comfort. The price includes thermal aluminium window frames with double glazing, fitted wardrobes, high-quality ceramic flooring, contemporary sanitary ware, granite kitchen worktops, solar water heating system, and provision for photovoltaic panels. It also includes provision for air conditioning, private covered parking, and access to all communal amenities including the swimming pool. The combination of sea views, energy-efficient design, and premium finishes makes it an excellent choice for both investment and a stylish holiday retreat.
Floor: 1st